Milwaukee-based technology company Health Payment Systems plans to undergo a national expansion, according to a report on BizTimes.com.
Here are three things to know.
1. HPS aims to simplify medical bills through its SuperEOB billing product. The company offers a fully outsourced technology and services solution set that includes "one statement, one payment and one place to call" for consumers to access their providers' claim data and payment options, according to the HPS website.
2. At present, HPS has 75 employees at its downtown Milwaukee offices, in addition to contractors the firm works with regularly, according to the report. That headcount is expected to grow to more than 100 in the next couple years.
3. The growth, in part, will come as a result of a national expansion, which is expected to launch in early 2017, according to the report. Terry Rowinski, HPS president, said in the report the company is focused on growing in a controlled fashion.
More articles on healthcare finance:
11 hospitals with strong finances
6 hospital CFOs in the headlines